Business Model - The Highest Form of Enterprise Competition

Author: Li Zhenyong
Publisher:
Publish Date: 2006-10-01
Features: After experiencing the two stages of factor-driven and investment-driven growth, Chinese enterprises are beginning to advance to a higher level. It is no longer an era where businesses can succeed solely based on a single product or technology, nor is it an age where a few small ideas or a single speculative venture can determine the outcome. To secure a survival space and achieve sustainable profitability, businesses must rely on systematic planning and collective strength, which is the design of business models. In the future, competition will be about business models. Business model competition will be a higher form of corporate competition! Business models are crucial to the survival, prosperity, and success of a company. To achieve success, businesses must start with the formulation of a successful business model. This is especially true for newly established companies and those in the growth phase. Business models are the key to winning in corporate competition.